Category Archives: U.S. Treasury

 WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin and Minister of Finance Sri Mulyani Indrawati of the Republic of Indonesia remotely completed the signing of the Cooperation Framework to Strengthen Infrastructure Finance and Market Building on September 18, 2020. This cooperative initiative is designed to achieve the mutual goals of the United States and the Republic of Indonesia […]

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on Iranian cyber threat group Advanced Persistent Threat 39 (APT39), 45 associated individuals, and one front company. Masked behind its front company, Rana Intelligence Computing Company (Rana), the Government of Iran (GOI) employed a years-long malware campaign that […]

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Lebanon-based companies, Arch Consulting and Meamar Construction, for being owned, controlled, or directed by Hizballah. Additionally, OFAC designated Sultan Khalifah As’ad, a Hizballah Executive Council official, who is closely associated with both companies. “Through Hizballah’s exploitation of the […]

Washington – Today, in a coordinated action with the U.S. Department of Justice and the U.S. Department of Homeland Security, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Russian nationals for their involvement in a sophisticated phishing campaign in 2017 and 2018 that targeted customers of two U.S.-based and […]

WASHINGTON – Today, U.S. Treasury Secretary Steven T. Mnuchin met with His Excellency Obaid Humaid Al Tayer, Minister of State for Financial Affairs of the United Arab Emirates.  The Secretary and Minister reaffirmed the strong bilateral economic and security relationship between the United States and the United Arab Emirates and discussed the signing of the […]

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Zineb Souma Yahya Jammeh (Zineb) and Nabah LTD (Nabah) for their roles in providing support to persons previously designated for their own corrupt behavior. OFAC designated these persons pursuant to Executive Order (E.O.) 13818, which builds upon and implements […]

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated one Chinese state-owned entity, Union Development Group Co., Ltd. (UDG), for seizure and demolition of local Cambodians’ land for the construction of the Dara Sakor development project. OFAC designated this People’s Republic of China (PRC) state-owned entity pursuant to Executive […]

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Zineb Souma Yahya Jammeh (Zineb) and Nabah LTD (Nabah) for their roles in providing support to persons previously designated for their own corrupt behavior. OFAC designated these persons pursuant to Executive Order (E.O.) 13818, which builds upon and implements […]